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GlaxoSmithKline posts loss of $616 million for 4th quarter

2016-02-03 19:55:20| Biotech - Topix.net

British-based drugmaker GlaxoSmithKline posted a loss of 428 million pounds for the fourth quarter of 2015 - compared with a profit of over 1 billion pounds for the same period a year earlier- as the company moved to integrate new businesses. CEO Andrew Witty said Wednesday the healthcare environment remains challenging, but GSK remained focused on its integration and restructuring program.

Tags: posts million loss quarter

Category:Biotechnology and Pharmaceuticals

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